Post
Topic
Board Bitcoin Discussion
Re: Russia Approves The Use Of #Bitcoin And Crypto Cross-Border Payments
by
worldofcoins
on 23/09/2022, 12:06:18 UTC
The source didn't seem very reliable to me, but if this happens, Russia will have taken a step in the right direction. Russia is forced to find different solutions against sanctions. They have solutions to trade with Türkiye through their own money, but ties with the Western world have come to a breaking point.
It's good to realize that Bitcoin is the way out for countries subject to political restrictions. It seems absurd that such sanctions even exist in this century.

I am not sure if there was any ban on bitcoin before in Russia.
Even if it were then people could always P2P the transactions rather than buying or selling through a company, I'm sure there would be no tracing back.
But this post makes it easy for Russian investors to invest with peace of mind.